Rolling traditional IRA into a solo 401k ok?

[kpangelinan]

It's my understanding that a feature of the Individual 401k plan or Solo 401k plan is the opportunity to consolidate retirement assets into one account. This includes Traditional IRAs, SEP IRA Plans, 401k Plans, Money Purchase Plans, SIMPLE IRAs, Profit Sharing Plans, Defined Benefit Plans, 403b Plans and IRA Rollovers.

Is this true and if so, can anyone point me in the right direction as to where in the IRS pubs this info can be found?

Thanks,

[New York Enrolled Agent]

It's my understanding that a feature of the Individual 401k plan or Solo 401k plan is the opportunity to consolidate retirement assets into one account. This includes Traditional IRAs, SEP IRA Plans, 401k Plans, Money Purchase Plans, SIMPLE IRAs, Profit Sharing Plans, Defined Benefit Plans, 403b Plans and IRA Rollovers.

Is this true and if so, can anyone point me in the right direction as to where in the IRS pubs this info can be found?

Would you settle for the IRC? A traditional IRA (where the distribution would be included in income if not rolled over) can be rolled into an eligible retirement plan. §408(d)(3)(A)

I believe eligible retirement plans include all you mention plus §457 plans

[kpangelinan]

Thank You!!!

Would you settle for the IRC? A traditional IRA (where the distribution would be included in income if not rolled over) can be rolled into an eligible retirement plan. §408(d)(3)(A)

I believe eligible retirement plans include all you mention plus §457 plans

WOW....Awesome....checking it out now. Thank you very much!!!